sheraz3700

Today's News:
1. In the past 24 hours, the entire network experienced liquidations totaling $210 million, with short positions liquidated for $154 million;
2. Loopscale: A total of 5,697,102.5 USDC and 1,215 SOL were recovered, and a 24-hour withdrawal limit is temporarily imposed on the treasury;
3. Riot Platforms: Q1 mining output of 1,530 BTC, total Bitcoin holdings reached 19,223 BTC;
4. Japanese listed company Metaplanet Inc. announced it will issue 3 billion yen zero-interest ordinary bonds to increase Bitcoin holdings;
5. The three major U.S. stock indices collectively closed higher, with the Nasdaq up 1.52%, the S&P 500 up 0.63%, and the Dow Jones up 0.21%. Microsoft surged over 7%, with the company exceeding expectations across the board in Q3 of fiscal year 2025, driven by strong growth in cloud computing. Meta rose over 4%, Amazon increased over 3%, Nvidia rose over 2%, Google increased over 1%, and Apple and Netflix saw slight gains; Tesla and Intel experienced slight declines;
6. Strategy plans to raise another $21 billion to buy BTC, having lost $4.2 billion in Q1 due to falling coin prices;
7. Tether's latest proof claims the company holds Bitcoin valued at over $7.6 billion;
8. The listed company DeFi Development Corp will receive $24 million in private equity financing to purchase more SOL;
9. USDC Treasury burned 150 million USDC on the Ethereum chain;
11. The spot Bitcoin ETF saw a net outflow of 382 BTC yesterday, while the spot Ethereum ETF had a net outflow of 1,648 ETH;
12. U.S. unemployment claims rose to the highest level since October last year, with initial claims for unemployment benefits reaching 241,000 for the week ending April 26, higher than the expected 224,000;
14. Interest rate futures expect the Bank of England to cut rates by 100 basis points for the remainder of 2025;
15. Binance Wallet: Airdropping S tokens and Sonic Chain ecosystem assets to active Alpha traders on the chain;
16. Binance Wallet announces a product upgrade, adding support for SUI exchanges, wealth management recommendations, and other features;
17. Eric Trump, son of Donald Trump: The WLFI stablecoin USD1 will be used for MGX's investment in Binance;
18. Worldcoin announces that WLD token access and all related services will launch in the U.S. starting May 1;
19. The crypto project World launches in the U.S., planning to introduce a Visa card and a Tinder pilot project. #BTC

Daily Red Packet 255

Recently shorting has left me dazed, those with a bit of strategy are all spitting out old blood.
Some entered the market at 86,000, some at 88,000, and others at 95,000, all trapped for over ten days, mentally confused, unable to eat or sleep, and losing weight.
A bunch of people say, Cool has also gone short, surely some will follow, but most people have been badly hurt.
Currently, the large cycle has reversed; even if there is a pullback, it won't be too deep. In fact, this time I really haven't been trapped much; just a couple of days ago, I went short at 94,300, didn't exit, got greedy, and now I'm stuck.
However, looking at the BTC pattern, the upward surge is happening, but the volume is decreasing, and the K-line body is getting smaller, indicating that the bullish power is also waning. Continuing to move up, there is indeed a lot of pressure.
Keep calling for shorts; I fear many people can't take it because most people view life and death lightly and never use stop losses. But at this time, telling everyone to chase longs, I think that’s just being foolish.
Still the same saying, explosive rise, explosive sell; explosive drop, explosive buy. If it doesn't drop at this moment, surely there won't be any spot buying.
Be patient; those buying the dip in spot really need to wait. BTC has tortured the shorts for so long, it surely wants to feast on the longs.
At this moment, shorts dare not act, and longs cannot act, so you can only choose to lie flat. However, I am trapped in a short; I want to hold on for a few days, earn a little money, and then run. Hmm, after thinking about it, it can only be this way.